Technology

The Cabinet Committee on Economic Affairs (CCEA) has approved the 12,000 MW grid-connected Solar Photovoltaic (PV) Power Projects by the Government Producers with Viability Gap Funding (VGF) support of Rs.8,580 crore.

Neeraj Bhargava's Rainshine Entertainment, a newly formed media and entertainment (M&E) company out of Mumbai, announced its first three investments on 5 Feb 2019 as it acquired significant stakes in Culture Machine, Weirdass Comedy and Kinsane Entertainment.

The International North-South Transport Corridor (INSTC) is part of the wider bilateral trade promotion being worked on by India and Russia, according to a joint statement in Delhi on 5 Feb 2019.

Commerce and Industry Minister Suresh Prabhu has invited Monaco industries to invest in the Indian services sector which is expected to contribute US$3 trillion to India's GDP once it is a US$5 trillion economy in the next 5-6 years' time.

India is looking for greater collaboration with Germany in projects like smart cities, food processing sector, building of airports, dairy sector and technology for green energy.

India and Poland have signed a Memorandum of Understanding (MoU) covering coal mining and clean coal technologies.

In order to ensure due compliance of the FDI policy on e-Commerce, Press Note 2 (2018) has been issued by Ministry of Commerce and Industry, putting in place certain conditions.

Wiley (NYSE:JWA)(NYSE:JWB), a global leader in research and education, is helping India harness new technologies and equip students with the skills necessary that will allow them to excel in their future careers.

HCL Technologies has been named a Top Employer in the United Kingdom for the thirteenth consecutive year in recognition of its best-in-class employee engagement and people practices.

The Interim Budget, announced on 1 Feb 2019, addresses both the current challenges faced by the economy and outlines the vision for the future, said Sandip Somany, President of the Federation of Indian Chambers of Commerce and Industry (FICCI).